Home » Economics » An inferior goods is oneAn inferior goods is one An inferior goods is one A. that is too bad for consumption B. whose price is lower than the price of other goods C. that is easily perishable D. whose demands fall when the income of its consumer increases E. that is not durable Correct Answer: Option D Explanation Related Posts Insurance companies invest mainly in instruments trade on the? Activities in the oil and gas industry are classified into Risk bearing and managerial control are the main function of the Cost push inflation takes place due to? The system of agriculture practice which involves hunting, gathering and growing of food crops for… Petroleum ‘glut’ in international trade means
